Facebook and partners move forward with Libra cryptocurrency after string of exits

Facebook’s effort to launch a new cryptocurrency called Libra has faced numerous setbacks from regulatory scrutiny to an exodus of key partners. But the social media giant and its partners signaled on Monday they’re still planning to move forward with plans to launch the new digital currency in 2020. Twenty-one organizations, including Facebook, formally joined the Libra Association, which is overseeing the cryptocurrency.

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